[Tokenized Financial Product Settlement Network Metal Completes Seed Round Financing, Led by Airwallex and Others] Foresight News reports that the tokenized financial product settlement network Metal has completed its seed round financing, with Airwallex and Capital49 leading the round. The specific financing amount has not yet been disclosed. As part of the investment, Airwallex has joined Metal as its first design partner. According to a previous report by Foresight News, Jack Zhang, founder of the enterprise payment and financial platform Airwallex, tweeted in June 2025, saying, 'Investors keep asking me about stablecoins and how they reduce foreign exchange fees. If you transfer money from USD to EUR, and the recipient still needs to receive EUR in their bank, I don’t see any way stablecoins can reduce costs. The conversion cost from stablecoins to the recipient's currency is far higher than the interbank foreign exchange market. Crypto technology is an area I’ve never understood before. Over the past 15 years, I still haven’t seen any use cases for crypto technology.'